Job
Description
- Provide a daily Economic, Step Reval and Risk Based PNL to each desk and to the Bank s management.
- Ensure that the PNL is calculated from the reference positions and that these positions are real and checked.
- Escalate any unusual PL to the desk and management that may indicate a wrong position or transaction in the FO system.
- Run all the required controls on key elements of the PNL
- Document all exceptional PNL moves and adjustments for Management.
Responsibilities
Direct Responsibilities
- Validate the official Economical PL figures and the related PL explains (market move, new deals, etc) and investigate the discrepancies with the Front Office Predict.
- Review the PL Explain in depth and correct wrong effect if no technical solution can be found to overturn the misallocation.
- When possible, challenge and enhance existing processes.
- Submit the PL for Sign-off to the Traders.
- Report, Comment and Validate the PLs into the Official Reporting tool
- Ensure appropriate escalation to management as soon as an issue is identified.
- Ensure high levels of ethics and professionalism are maintained both personally and in the team.
Contributing Responsibilities
- Participate to global projects related to MO or PL processes improvements.
- Participate to local projects related to systems migrations.
- Participate to the improvement of the productivity within the team by proposing initiatives
Technical Behavioral Competencies
- Strong understanding of Bonds, Interest rates and FX products including its models and valuations
- Competency with MS Suite, especially Excel
- Communication Skills
- Decision Making
- Adaptability Change Management:
- Ability to develop and leverage networks
- Ability to develop and adapt a process
- Result oriented approach
- Collaborate with remote teams
Specific Qualifications (if required)
- 0-4 years of working experience in related banking and finance fields.
- University graduates, with postgraduates and professional qualifications preferred.
Skills Referential
- Behavioural Skills :
- Ability to collaborate / Teamwork
- Critical thinking
- Creativity Innovation / Problem solving
- Resilience
- Transversal Skills:
- Ability to set up relevant performance indicators
- Ability to develop others improve their skills
- Analytical Ability
- Ability to develop and adapt a process
- Ability to understand, explain and support change
- Education Level:
- Bachelor/Masters Degree/CA/CFA/FRM or equivalent
- Experience Level
- 0-4 years of experience.